earnings
confidence high
sentiment positive
materiality 0.70
Milestone Pharma FY2025 net loss $63.1M; CARDAMYST launch on track; cash runway into late 2027
Milestone Pharmaceuticals Inc.
- Net loss of $63.1M ($0.75 per share) for FY2025 vs $41.5M ($0.67) prior year.
- Revenue of $1.5M from CARDAMYST FDA approval milestone under Corxel agreement.
- Commercial expense $28.3M for FY2025; 60-person sales force deployed mid-Feb.
- Pro forma cash $200M including $75M RTW payment and $19M ATM/warrant exercises; runway to late 2027.
- EMA accepted MAA for etripamil; decision expected H1 2027.